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Video content @QuantusNetwork

[Quantus @QuantusNetwork]

"I do not believe Bitcoin will be at the top.”

When a quantum computer reaches scale, @joemattia predicts Bitcoin won’t be number one.

Here’s his full talk from QDay.

The case for why every blockchain has to upgrade, whether they like it or not.

[Jangle @defijangle]

Last week @QuantusNetwork shipped

1. Opened up registrations for QDay Singapore (Token2049)
2. A runtime upgrade to our testnet
3. Book club on how intelligence agencies destroy their opposition from within

[Mac @MacTellsar]

@defijangle @QuantusNetwork Really gotta fix that pipe.

[Yuvi Lightman | Quantus @YuviLightman]

https://t.co/tSP9IM8GIr

[Mac @MacTellsar]

@QuantusNetwork @YuviLightman Makes zero sense for blockchains not to upgrade to PQC now.

You put your seatbelt on at the start of a journey, not when you're about to hit a wall.

[Quantus @QuantusNetwork]

"If the cryptography breaks, there is no reason to use a blockchain. You can go home."

@YuviLightman at QDay.

Google now estimates 1,200 logical qubits to break Bitcoin keys.

Standards bodies set their first deadlines for 2028.

[Quantus @QuantusNetwork]

When will quantum break Bitcoin?

We asked 220 people at the first-ever QDay Summit.

Their answers, the speakers, and the rest of June 6, below. ⬇️

[Yuvi Lightman | Quantus @YuviLightman]

@QuantusNetwork just did a runtime upgrade. Everything went smoothly. The most noticeable change is that we switched the mining difficulty update function from a Bitcoin-like one to an Ethereum-like one.

We decided to do this after reading @zkDragon 's writeup about how @ethereum 's PoW chain never had a reorg deeper than 4 blocks.

You can see the difference in our Grafana: https://t.co/llOcAfMmrb

Everything is much smoother.

[Quantus @QuantusNetwork]

Quantum Secure Encrypted Money

@superai_conf, Singapore has been Orange pilled

The journey is just beginning

[Yuvi Lightman | Quantus @YuviLightman]

https://t.co/zwfjUvMwzv

[Joe Mattia | Quantus @JoeMattia]

Who will be there! Come check us at our booth

[Mac @MacTellsar]

@defijangle @QuantusNetwork Not your turkey, not your turcoins.

[Mac @MacTellsar]

@YuviLightman Word is spreading. I call it signal.

[Aamir @aamirorbit]

Most of crypto is sitting on math that has an expiry date and nobody talks about it

Pulled a clip from the podcast (With @n13 CTO of @QuantusNetwork) where we just break down what a quantum computer actually does to your wallet...

worth watching it.

[Yuvi Lightman | Quantus @YuviLightman]

Zcash Soundness Bug Facts

- It was discovered and fixed by the Zcash team
- Soundness bugs are “false positives”, false proofs that will still be accepted by the chain
- There is no evidence it was ever exploited
- There is evidence but no proof it wasn’t exploited

ZK proofs are mathematical proof that a certain computation happened with certain inputs and outputs. The computation is publicly known but the inputs and outputs may be hidden. In Zcash’s case, the proof says “i spent some money that i owned and it followed the rules of money” but it doesn’t reveal the sender, receiver or amount.

Unfortunately this computation has to be expressed in a very opinionated and fragile format, polynomial constraints. As a consequence, sometimes the statement that was proven was not exactly the statement you thought was proven.

There are tools that make it easier but it’s still quite difficult to write a complex zk circuit without soundness bugs. @v12sec actually found one in our circuits recently that had evaded human experts and AI security tools for over a year.

Zero Knowledge cryptography was completely theoretical before Zcash. The zcash team deserves enormous credit for bringing this incredible technology to life.

[Mac @MacTellsar]

@defijangle @Bitcoin @tether Delightfully charming and terrifying in equal measure.

[Mac @MacTellsar]

@YuviLightman Oh boy.

[Mac @MacTellsar]

@YuviLightman @_0xghost_ @QuantusNetwork Seconded.

[Mac @MacTellsar]

@Hughie_X @QuantusNetwork Earliest estimates say 2028. Optimistic estimates say 2033. Either way, it's coming.